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Asian Paints | volume engulfing at the top of channel will fall

Short
ASIAN PAINTS LTD (NSE:ASIANPAINT)  
ReviveTraders Updated   
NSE:ASIANPAINT   ASIAN PAINTS LTD
Parallel Channel Trend Analysis Technical Indicators asianpaints tradethetip Trend Lines supportzones shortentry volumengulfing
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parallelchannel trendanalysis indicator asianpaints tradethetip trendline supportzones shortentry volumengulfing
SWING trading opportunity
CMP = 2178
1st target = 2115
2nd target = 2067
stoploss = 2230
lot size = 300

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Comment:
stop reached but if rejection happens through wicks or bearish candle then downward movement can be seen soon
Trade closed: target reached:
1st target is now achieved
But we Booked LOSS

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